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Showing posts from September, 2022

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Lockheed Martin hikes dividend by 7.1%

On September 30, 2022, Lockheed Martin (LMT) declared a dividend hike of 7.1% to $3.00 per share quarterly. This follows last year's 7.7 percent dividend hike and marks the 20th consecutive year of dividend increases by Lockheed Martin. The next LMT dividend of $3.00 per share will be payable on Dec. 30, 2022 , to holders of record as of the close of business on Dec. 1, 2022 . The next ex-dividend date is November 30, 2022. A new annual rate of $12.00 per share yields 3.0% at a stock price of $410 for Lockheed Martin. The company will now pay an estimated total annual dividend of $3.2 billion to shareholders. Lockheed Martin is a security and aerospace company that is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The company also provides a broad range of management, engineering, technical, scientific, logistics, system integration and cybersecurity services. Lockheed serves

First of Long Island hikes dividend by 5%

On September 30, 2022, The First of Long Island Corporation (FLIC) announced that it will raise its quarterly dividend by 5.0 percent to 21 cents per share. This follows a dividend hike of 5.3 percent to 20 cents per share in 2021 and also marks the financial services provider's 27th consecutive year of annual dividend increases. The dividend will be paid on October 21, 2022 to shareholders of record on October 12, 2022. A new annual rate of 84 cents per share yields 4.9% to First of Long Island shareholders at at stock price of $17.42. The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The company provides financial services through its branches in Nassau and Suffolk Counties, Long Island and the boroughs of Queens, Brooklyn and Manhattan. The Bank’s revenues are derived principally from interest on loans and investment securities, service charges and fees on deposit accounts, income from investment management and trust services

Honeywell hikes dividend by 5.1%

On September 30, 2022, Honeywell International (HON) announced that it will raise its quarterly dividend by 5.1 percent to $1.03 per share in 2022. Honeywell has now raised its dividend 12 consecutive years. The increase will be effective starting with the fourth-quarter dividend of $1.03 per share, which was declared today, and is payable on December 2, 2022, out of surplus to holders of record at the close of business on November 11, 2022. A new annual rate of $4.12 per share yields 2.4% at a stock price of $172 for Honeywell. "Honeywell continues to deliver strong financial performance despite challenging economic headwinds, and we are pleased to announce an increase to our dividend today for the 13th time over twelve consecutive years," said Chairman and Chief Executive Officer Darius Adamczyk. "Our robust balance sheet, diligent cost management and focus on sustainable, profitable growth will allow us to continue creating value for our shareholders." Honeywell

Johnson Outdoors hikes dividend by 3.3%

Johnson Outdoors (JOUT) will raise its quarterly dividend by 3.3% to $0.31 quarterly per share. This follows a dividend hike of 42.9% by JOUT in 2021. The quarterly cash dividend is payable on October 27, 2022, to shareholders of record at the close of business on October 13, 2022. “Johnson Outdoors’ balance sheet remains strong, and the dividend increase reflects our confidence in our business performance and strategic plans,” said David W. Johnson, Vice President and Chief Financial Officer. Johnson Outdoors Inc. is a manufacturer of outdoor recreation equipment and technologies. The company designs, manufactures and markets a portfolio of brands across four categories: Watercraft Recreation, Fishing, Diving and Camping.  Johnson Outdoors' brands include: Old Town canoes and kayaks; Ocean Kayak; Carlisle paddles; Minn Kota fishing motors, batteries and anchors; Cannon downriggers; Humminbird marine electronics and charts; SCUBAPRO dive equipment; Jetboil outdoor cooking systems;

Howmet Aerospace hikes dividend by 100%

On September 29, 2022, Howmet Aerospace (HWM), formerly known as Arconic and Alcoa, announced a dividend hike of 100% to $0.04 quarterly per share. HWM suspended its quarterly dividend in 2020 because of COVID-19 and reinstated its dividend last year. The Board of Directors of Howmet Aerospace (NYSE: HWM) declared a dividend of 4 cents per share on the outstanding Common Stock of the Company, to be paid on November 25, 2022, to the holders of record of the Common Stock at the close of business on November 4, 2022. The dividend yield is 0.3%. Howmet Aerospace, formerly Arconic Inc., is a manufacturer of aluminum, titanium, and nickel used in aerospace, automotive, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. Howmet generates most of its sales in the United States and Europe generated and also has operating activities in Brazil, Canada, China, Japan, and Russia, among others. The company's op

Five US real estate stocks that pay a monthly dividend

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Many real estate stocks in the US pay a monthly dividend to shareholders. In the United States, many stocks pay a dividend each month, including Realty Income. This often concerns real estate  stocks (REITs); we list 5 of them below, including Dividend Aristocrat Realty Income . All stocks have relative high dividend yields and most stock prices are down bigh in 2022.

Starbucks hikes dividend by 8.2%

On September 28, 2022, Starbucks Corporation (SBUX) announced that it will raise its quarterly dividend by 8.2% to $0.53 per share. This follows a dividend hike of 8.9 percent to $0.49 per share in 2021 and will mark the 12th consecutive year of annual dividend increases by the specialty coffee company. This increase will be effective with the dividend payment to be distributed on November 25, 2022, to shareholders of record on November 11, 2022, and raises the company’s annual dividend rate to $2.12 per share. Starbucks initiated its dividend in 2010 and has increased it in each of the past 12 years. A new annual rate of $2.12 per share yields 2.4% at a stock price of $87. Starbucks Corporation (Starbucks) is a roaster, marketer and retailer of specialty coffee. The company purchases and roasts high-quality coffees that are sold, along with handcrafted coffee, tea and other beverages and a variety of high-quality food items through company-operated stores. Starbucks also sells a varie

City Holding Co hikes dividend by 8.3%

On September 28, 2022, City Holding Company (CHCO) announced that it will raise its quarterly dividend by 8.3 percent to $0.65 per share. This marks the 11th consecutive year of annual dividend increases by the financial company. The dividend is payable on October 31, 2022. The dividend represents an 8.3% increase from the 60 cents per share cash dividend paid in the second quarter of 2022. “Our board voted to increase the quarterly cash dividend by 5 cents to 65 cents,” stated Charles (Skip) Hageboeck, President and CEO. “This strong increase reinforces the Company's commitment of returning value to its shareholders. The decision to increase the dividend to $2.60 on an annualized basis is based on the Company's current strong capital and liquidity position, our financial performance during 2022, and our confidence in the Company's ability to sustain this performance.” City Holding Company is the parent company of City National Bank of West Virginia. City National operates

OGE Energy hikes dividend by 1%

On September 27, 2022, OGE Energy Corp. (OGE) declared a new quarterly dividend of  $0.4141 per share, up 1% from the previous quarterly dividend. This will mark the 16th consecutive annual dividend increase by the utility company. The next OGE dividend will paid on October 28, 2022, to shareholders of record on October 11, 2022. The new dividend yield for OGE is 4.4% at a stock price of $38.15. OGE Energy Corp is the parent company of OG&E, a regulated electric utility. OGE Energy, incorporated in August 1995, is a holding company with investments in energy and energy services providers offering physical delivery and related services for both electricity and natural gas primarily in the south central U.S. with customers in Oklahoma and Western Arkansas. OGE holds 25.5 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP. Activities are conducted through two business segments: electric utility and natural gas midstream operations.

TTEC Holdings hikes dividend by 4%

TTEC Holdings, Inc. (TTEC) will hike its semi-annual dividend by another 4% to 52 cents per share. This follows a dividend hike of 6.4% to 50 cents per share announced this February. This next dividend of 52 cents will be paid on October 26, 2022. TTEC has now raised its dividend 7 consecutive years. TTEC Holdings, Inc., formerly TeleTech Holdings, Inc., is a customer engagement management service provider that delivers integrated consulting, technology, growth and customer care solutions. The company delivers outcome-based customer engagement solutions through TTEC Digital, its digital consultancy that designs and builds human centric, tech-enabled, insight-driven customer experience solutions for clients and TTEC Engage, that operates customer acquisition, care, growth and digital trust and safety services. The company was originally founded in 1982 and has paid a dividend to shareholders since 2015.

Ingredion hikes dividend by 9.2%

On september 26, 2022, Ingredion Incorporated (INGR) announced a dividend hike o 9.2% to 71 cents per share quarterly. The next INGR dividend is payable on October 25, 2022, to stockholders of record at the close of business on October 6, 2022.  This is the eighth consecutive year Ingredion’s board approved a quarterly dividend increase in the third quarter. A new annualized rate of $2.84 per share yields 3.4% at a stock price of $83.  Ingredion Incorporated is a global ingredient solutions provider. The company is principally engaged in the production and sale of starches and sweeteners for a wide range of industries. Ingredion turns corn, tapioca, potatoes, grains, fruits, and vegetables into value-added ingredients and biomaterials for the food, beverage, paper and corrugating, brewing and other industries. The company's four reportable business segments are: North America, South America, Asia Pacific and Europe, Middle East, and Africa. Ingredion was incorporated as a Delaware

Steelcase cuts dividend by 31%

On September 21, 2022, Steelcase (SCS) announced a big dividend cut of 31% to $0.10 per share quarterly. This comes after a 45 percent dividend hike to $0.145 per share in 2021. Steelcase also cut its dividend in 2020. The Board of Directors has declared a quarterly cash dividend of $0.10 per share, to be paid on or before October 17, 2022, to shareholders of record as of October 5, 2022. A new annual dividend rate of 40 cents per share will yield 5.5% at a stock price of $7.28. "Based on the recent order and return-to-office trends, we adjusted our dividend this quarter to strengthen our liquidity profile and support a higher allocation of capital to reinvestment in the business and pursuit of our longer-term strategy," said Dave Sylvester. Steelcase Inc. provides an integrated portfolio of furniture, architectural products and technology solutions. The company's furniture portfolio includes panel, fence and beam-based furniture systems, storage, fixed and height-adjusta

Graphic Packaging hikes dividend by 33.3%

On September 22, 2022, Graphic Packaging Holding Company (GPK) announced a 33.3 percent dividend hike to 10 cents quarterly per share. This is the first dividend hike by GPK since 2016. The dividend is payable on January 5, 2023, to common stockholders of record at the close of business on December 15, 2022. The Company initiated a dividend program in February 2015 as part of a capital allocation plan that also included a $250 million share repurchase program. The Board of Directors declared one additional dividend increase from the original $0.05 per share quarterly dividend in October 2016. Michael Doss, the Company's President and CEO said, "Strategic investments and operational execution by our teams has allowed us to continue to meet higher demand for fiber-based consumer packaging. Our low-cost production platform positions us uniquely to capture profitable growth and earn solid returns for stakeholders. With the progress to date achieving our Vision 2025 goals, the Boar

CVB Financial hikes dividend by 5.3%

On September 22, 2022, CVB Financial Corp (CVBF) announced a 5.3% dividend hike to $0.20 quarterly per share. This is the second hike announced by CVBF in 2022 and comes after a 5.6 percent dividend increase to $0.19 quarterly per share.  This represents the company’s 132nd consecutive quarterly cash dividend. The next quarterly CVBF dividend will be payable on or about October 20, 2022 to shareholders of record as of October 5, 2022. A new annual dividend rate of 80 cents yields 3.0% at a stock price of $26.17. “Our Company’s strong levels of capital and liquidity, combined with our remarkable history of 181 consecutive quarters of profitability, has allowed us to pay cash dividends to our shareholders for 132 consecutive quarters,” said David A. Brager, President and Chief Executive Officer. “We are pleased to be increasing our quarterly dividend by 5%. We believe this higher dividend, combined with our common stock repurchase plan, demonstrate our continuing commitment to provide st

American Tower hikes dividend by 2.8%

On September 22, 2022, American Tower Corporation (AMT) announced a 2.8% dividend hike to $1.47 quarterly per share. This is the third dividend increase in 2022 for a total hike of 5.8%. American Tower Corporation announced that its board of directors has declared its quarterly cash distribution of $1.47 per share on shares of the Company’s common stock. The distribution is payable on October 26, 2022 to the stockholders of record at the close of business on October 11, 2022. American Tower Corporation has now raised the dividend for 10 consecutive years. The average 5 year dividend growth rate is 16 percent annually. The company now pays an estimated $2.68 billion in dividends to shareholders annually. The dividend yield for AMT is 2.5% at a stock price of $230. American Tower Corporation is one of the largest global Real Estate Investment Trusts (REITs) and a independent owner, operator and developer of multitenant communications real estate. The company's primary business is the

Accenture hikes dividend by 15.5%

On September 22, 2022 Accenture plc (ACN) announced a new quarterly dividend of $1.12 per share, up 15.5% from the previous quarterly dividend. This is the biggest dividend hike by ACN since 2012 when a 20% dividend hike was announced by the consulting services company. Accenture moved from a semi-annual to a quarterly schedule for dividend payments in fiscal 2020. On Aug. 15, 2022, a quarterly cash dividend of $0.97 per share was paid to shareholders of record at the close of business on July 14, 2022. These cash dividend payments totaled $614 million, bringing dividend payments for the full year to $2.46 billion, compared with $2.24 billion in fiscal 2021. Accenture plc has declared a quarterly cash dividend of $1.12 per share, for shareholders of record at the close of business on Oct. 13, 2022. This dividend, which is payable on Nov. 15, 2022, represents a 15% increase over the company’s previous quarterly dividend. The new annual rate of $4.48 per share yields 2.5% to Accenture sh

Saga Communications hikes dividend by 25% and pays special dividend

On September 20, 2022, Saga Communications, Inc. (SGA) declared declared a quarterly cash dividend of $0.25 per share, up 25% from the previous dividend of $0.20 quarterly per share. Also SGA will pay shareolders a special dividend of $2.00 per share. On Twitter we already published that this special dividend yields 7.7% at a stock price of $26.05. The dividend will be paid on October 21, 2022, to shareholders of record on October 3, 2022. The aggregate amount of the payment to be made in connection with the quarterly and special dividends will be approximately $13.6 million. The quarterly and special cash dividends will be funded by cash on the Company’s balance sheet. Including this dividend, the Company will have paid over $93.0 million in dividends to shareholders since the first special dividend was paid in 2012. “We are very pleased that our strong capital position and operating performance allowed us to declare an increased regular quarterly cash dividend and a special cash divi

Investar Holding hikes dividend by 5.6%

Investar Holding Corporation (ISTR), the holding company of Investar Bank, National Association, declared a quarterly cash dividend of $0.095 per share to holders of the Company's common stock. The dividend is payable on October 31, 2022 to shareholders of record as of September 30, 2022. This represents a 6% increase in the dividend per share compared to the prior quarter and is the 36th quarterly dividend paid by the Company, which follows an uninterrupted 11 quarterly cash dividends paid by the Bank. Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, National Association. The Bank currently operates 31 branch locations serving Louisiana, Texas and Alabama. At June 30, 2022, the Bank had 335 full-time equivalent employees and total assets of $2.6 billion.

Microsoft hikes dividend by 9.7%

  On September 20, 2022, Microsoft (MSFT) declared a $0.68 per share quarterly dividend, up 9.7% from the previous quarterly dividend of $0.62 per share.   Last year   MSFT hiked its dividend by 10.7%. This marks 20 consecutive years of dividend increases by the technology company. The dividend is payable Dec. 8, 2022, to shareholders of record on Nov. 17, 2022. The ex-dividend date will be Nov. 16, 2022. Microsoft Corporation  is a technology company. The company develops, licenses, and supports software products, services and devices. The company's products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; and video games. Microsoft also manufactures devices, including PCs, tablets, gaming and entertainment consoles, other intelligent devices, and related accessories.The company offers an array of services, including cloud-based solutions that pro

APA Corp hikes dividend by 100%

On September 14, 2022, APA Corp, formerly Apache Corporation (APA), announced that it will boost its dividend by another 100 percent to 25 cents quarterly per share. This comes after a dividend hikes of 100% and 150% previously and brings back the dividend to the levels before the 2021 cut. The next quarterly APA dividend on common shares is payable November 22, 2022, to stockholders of record on October 21, 2022, at a rate of 25 cents per share on the company’s common stock, up from 12.5 cents per share. A new annual dividend rate of $1.00 per share yields 2.5% at a stock price of $40.45. “Over the last year, we’ve significantly strengthened our balance sheet and committed to returning a minimum of 60% of free cash flow to our shareholders through dividend and stock repurchases,” said John Christmann IV, APA CEO and president. “The vast majority of this return is still being delivered through stock repurchases; however, we are confident that our long-term cash flow will comfortably su

Store Capital hikes dividend by 6.5%

On September 19, 2022, STORE Capital Corporation (STOR) declared a new quarterly dividend of $0.41 per share, up 6.5% from the previous dividend rate of $0.385 per share. This marks the 7th consecutive year of dividend increases by the REIT. The next STOR dividend will be paid on October 17, 2022 to STORE Capital stockholders of record as of the close of business on September 30, 2022. A new annual dividend rate of $1.64 per share yields 4.8% at a stock price of $31.95. The next ex-dividend date for STOR is September 29, 2022.  STORE Capital Corporation is an internally managed net-lease real estate investment trust (REIT). The company is engaged in the acquisition, investment and management of single tenant operational real estate (STORE) properties. Its customers include restaurants, early childhood education centers, movie theaters, health clubs and furniture stores. STORE is providing real estate financing solutions principally to middle-market and larger businesses that own STORE

Hersha Hospitality Trust reinstates dividend

On September 19, 2022, Hersha Hospitality Trust (HT) announced a $0.05 per share quarterly dividend. This will be the first dividend by HT since the REIT suspended its quarterly dividend in 2020. Previously the owner of high-quality upscale and lifestyle hotels in urban gateway markets and resort destinations had been paying a quarterly dividend of $0.28 per share since 2014. Hersha Hospitality Trust, owner of luxury and lifestyle hotels in coastal gateway and resort markets, announced its Board of Trustees has approved a cash dividend of $0.05 per common share and per limited partnership unit for the third quarter ending September 30, 2022. These common share dividends and limited partnership unit distributions are payable October 17, 2022, to holders of record as of September 30, 2022. A 20 cent per share annual dividend will yield 2% at a stock price of $10 for HT. Mr. Jay H. Shah, Hersha’s Chief Executive Officer, stated, “I am pleased to announce that our Board of Trustees has rei

Realty Income declares 3rd dividend hike in 2022 (+0.2%)

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Monthly paying Dividend Aristocrat Realty Income (ticker symbol: O) has announced its third dividend hike YTD on September 13, 2022. Shareholders will receive a new monthly dividend of 24.8 cents per share, up 0.2% from the previous dividend.

Evolution Petroleum hikes dividend by 20%

On September 14, 2022, Evolution Petroleum Corporation (EPM) declared a $0.12 per share quarterly dividend, up from $0.10 in the previous quarter. This marks the second dividend hike by EPM in 2022. In 2020 the dividend however was cut by 75 percent. The next EPM dividend of $0.12 per share is payable September 30, 2022 to stockholders of record as of September 21, 2022.The new dividend yield for EPM is 6.0% at a stock price of $8.05. Evolution Petroleum Corporation is an independent oil and gas company. The Company is engaged in the acquisition, exploitation and development of properties for the production of crude oil and natural gas, onshore in the United States. The company's assets include interests in a carbon dioxide (CO2) enhanced oil recovery project (EOR) in Louisiana's Delhi field. Its artificial lift technology is Gas Assisted Rod Pump (GARP).

Farmers & Merchants Bancorp hikes dividend by 10.5%

The new cash dividend has been raised to $0.21 per share from the previous dividend of $0.19, and $0.18 per share for the same period last year. This represents the 28th consecutive annual increase in the Company’s regular dividend payment since 1994. The third-quarter dividend is payable on October 20, 2022, to shareholders of record as of September 26, 2022. Lars B. Eller, President and Chief Executive Officer stated: “According to data from S&P Capital IQ Pro, of the nearly 800 publicly traded banks, F&M has the 10th longest track record of consecutive dividend increases. Additionally, since 2017, our 2022 annualized cash dividend has increased at a 10.2% compound annual growth rate, reflecting F&M’s strong financial results and commitment to creating long-term value for its shareholders.”

Xenia Hotels & Resorts reinstates dividend

On September 16, 2022, Xenia Hotels & Resorts (XHR) declared a $0.10 per share quarterly dividend. XHR last suspended its quarterly dividend in 2020 because of the COVID-19 pandemic. A 40 cent annual dividend yields 2.5% at a stock price of $16.25. Xenia Hotels & Resorts, Inc. today announced the reinstatement of its quarterly common stock dividend. The Company's Board of Directors has authorized a cash dividend of $0.10 per share of the Company's common stock for the third quarter 2022. The dividend will be paid on October 14, 2022 to all holders of record of the Company's common stock as of the close of business on September 30, 2022. Consistent with prior practice, all future dividend determinations are subject to approval by the Company's Board of Directors. Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests primarily in luxury and upper upscale hotels and resorts, with a focus on the top 25 U.S. lodging markets as wel

W.P. Carey hikes dividend by 0.2%

On September 15, 2022, commercial real estate investment W. P. Carey (WPC) announced a 0.2% dividend increase to $1.061 quarterly per share. This is the third small dividend hike by WPC in 2022 for a total dividend growth of 0.6%. The company has now raised its dividend 24 consecutive years. The next WPC dividend is payable on October 14, 2022 to stockholders of record as of September 30, 2022. An annualized dividend rate of $4.244 per share yields 5.1% at a stock price of $83.46 to WPC shareholders. The ex-dividend date for the first increased dividend of $1.061 per share is September 29, 2022. W. P. Carey Inc. is a net lease commercial real estate investment trust that provides real estate-based financing solutions. The company invests in high-quality single-tenant industrial, warehouse, office and retail properties subject to long-term leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenan

Texas Instruments hikes dividend by 7.8%

On September 15, 2022, Texas Instruments Incorporated (TXN) announced that it will raise its quarterly dividend by 7.8 percent to $1.24 per share. This marks 19 consecutive years of dividend growth by the semiconductor company and follows a dividend hike of 12.7 percent to $1.15 per share in 2021.  The higher TXN dividend will be payable November 15, 2022, to stockholders of record on October 31, 2022, contingent upon formal declaration by the board of directors at its regular meeting in October. The board of directors also authorized the company to repurchase an additional $15 billion of its common stock over time. This is in addition to approximately $8.2 billion of previously authorized repurchases that remained at the end of June 2022.  A new annual dividend rate of $4.96 per share yields 3.0% to TXN shareholders at a stock price of $163. The next ex-dividend date for the increased quarterly dividend of $1.24 per share is October 28, 2022. Texas Instruments Incorporated (TI) is a g

Innovative Industrial Properties hikes dividend by 2.9%

On September 15, 2022, Innovative Industrial Properties (IIPR) announced a 2.9% dividend hike to $1.80 quarterly per share. This marks the second dividend increase by the cannabis REIT in 2022 for a total dividend hike of 20%. In both 2021 and 2020 IIPR announced three dividend hikes.  The next IIPR dividends are payable on October 14, 2022 to stockholders of record at the close of business on September 30, 2022. A new annual dividend rate of $7.20 per share yields 8.0% to IIPR shareholders at a stock price of $90. Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties targets medical-use cannabis facilities for acquisition, including sale-leaseback transactions, with tenants that are licensed growers under long-term, triple-net leases. The co

Keurig Dr Pepper hikes dividend by 6.7%

On September 14, 2022, Keurig Dr Pepper Inc. (KDP), formerly Dr Pepper Snapple Group, Inc., announced a 6.7% dividend hike to $0.20 per share quarterly. This comes after KPD hiked its quarterly dividend by 25 percent to $0.1875 per share in 2021.  The increased KDP regular quarterly cash dividend of $0.20 per share is payable in U.S. dollars on the Company's common stock on October 14, 2022 to shareholders of record on September 30, 2022. The new annual dividend rate will be 80 cents per share and yields 2.2% at a stock price of $37.  Previously Dr Pepper Snapple Group had been paying a quarterly dividend of 58 cents per share through 2018 before the company teamed up with Keurig. Currently the company pays an estimated annual dividend of $1.13 billion to shareholders. Keurig Dr Pepper Inc., formerly Dr Pepper Snapple Group, Inc., is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The Company offers a diver

Philip Morris International hikes dividend by 1.6%

On september 14, 2022, Philip Morris International (PM) declared a 1.6% dividend hike to $1.27 per share quarterly. This follows a dividend hike of 4.2 percent to $1.25 per share in 2021 and marks 15 consecutive years of dividend growth by the tobacco company. The average 5 year CAGR for the dividend is just 3.5% now. The new quarterly dividend of $1.27 per share, up from $1.25 per share, is payable on October 12, 2022, to shareholders of record as of September 28, 2022. The ex-dividend date is September 27, 2022. A new annual dividend rate of $5.08 per share yields 5.4% to PM shareholders at a stock price of $94. Phillip Morris International will now pay an estimated $7.9 billion in dividends to shareholders annually. The 5 year dividend growth rate has slowed to 3.5 percent annually, down from 3.7 percent in 2021, while the 10 year CAGR for PM's dividend is +5.0 percent. PM last hiked the dividend by double digits in 2010, 2011, 2012 and 2013. Philip Morris International is engag

US Bancorp hikes dividend by 4.3%

On September 13, 2022, U.S. Bancorp (USB) announced that it will raise its quarterly dividend by 4.3% to $0.48 per share. This follows a dividend hike of 9.5 percent to 46 cents per share in 2021 and marks 12 consecutive years of dividend growth by USB. The increased U.S. Bancorp dividend is payable October 17, 2022, to stockholders of record at the close of business on September 30, 2022. At this quarterly dividend rate, the annual dividend is equivalent to $1.92 per common share, yielding 4.2% at a stock price of $45.18. The next ex-dividend date for USB stock is September 29, 2022. U.S. Bancorp is a multi-state financial services holding company. The company provides a full range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and automated teller machine (ATM) processing, mortgage banking, insurance, brokerage and leasing.  The USB non-

World Fuel Services hikes dividend by 16.7%

On September 13, 2022, World Fuel Services Corporation (INT) declared a new quarterly dividend of 14 cents per share, up 16.7% from the previous quarterly dividend. This is the second dividend hike by the global energy management company since 2015. The next INT dividend will be payable on October 7, 2022 to shareholders of record on September 23, 2022. A new annual rate of 56 cents per share yields 2,3% at a stock price of $24.54. “Today’s announcement is a reflection of our confidence in the rapidly evolving growth opportunities of our business and related cash generation,” said Ira M. Birns, executive vice president and chief financial officer. “Our disciplined approach to capital allocation demonstrates our commitment to generating long-term value for our shareholders.” Headquartered in Miami, Florida, World Fuel Services is a global energy management company involved in providing energy procurement advisory services, supply fulfillment and transaction and payment management soluti

Realty Income hikes dividend by 0.2%

On September 13, 2022,  Realty Income Corporation (O) announced another 0.2% dividend increase to $0.248 monthly per share. The dividend is payable on October 14, 2022, to stockholders of record as of October 3, 2022. This is the 117th dividend increase since Realty Income's listing on the NYSE in 1994. The ex-dividend date for October's dividend is September 30, 2022. The new monthly dividend represents an annualized dividend amount of $2.976 per share as compared to the prior annualized dividend amount of $2.97 per share. The dividend yield for Realty Income is 4.6% at a stock price of $64. Dividend Aristocrat Realty Income now pays an estimated $1.79 billion in dividends to shareholders annually. "I'm pleased that Realty Income can once again increase the amount of the monthly dividend," said Sumit Roy , President and Chief Executive Officer of Realty Income. "Today's dividend declaration represents the 100 th consecutive quarterly dividend increase a

Paccar hikes dividend by 8.8%

On September 13, 2022, PACCAR (PCAR) announced that it will hike its quarterly dividend by 8.8% to 37 cents per share. This comes after a dividend hike of 6.3 percent to 34 cents per share in 2021.  The next PCAR dividend will be payable on December 6, 2022, to stockholders of record at the close of business on November 15, 2022. The annual dividend of PACCAR now will be $1.48 per share and yields 1.7% at a stock price of $87. The next ex-dividend date for PCAR is November 14, 2022. Mark Pigott, executive chairman, shared, “PACCAR is achieving excellent business results in its strong truck markets worldwide. PACCAR has delivered annual dividends, including regular quarterly and extra cash dividends, totaling approximately 50% of net income for many years. PACCAR’s shareholder returns have exceeded the S&P 500 index for the last 20 years.” Preston Feight, chief executive officer, said, “Peterbilt, Kenworth and DAF’s new range of fuel efficient heavy- and medium-duty trucks and PACCA

Fifth Third Bancorp hikes dividend by 10%

On September 12, 2022, Fifth Third Bancorp (FITB) declared a quarterly dividend of $0.33 per share, up 10% from the previous quarterly dividend of $0.30 per share. This marks 12 consecutive years of dividend increases by the bank holding company. The next FITB dividend of $0.33 per share is payable on October 17, 2022 to shareholders of record as of September 30, 2022. A new annualized dividend rate of $1.32 per share yields 3.6% to Fifth Third Bancorp shareholders at a stock price of $36.52. The next ex-dividend date for FITB stock is September 29, 2022. Fifth Third Bancorp, organized in 1975, is a bank holding company  headquartered in Cincinnati, Ohio, and the parent company of Fifth Third Bank, an Ohio-chartered bank. Fifth Third operates full-service banking centers and ATMs with Fifth Third branding in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Ba

Kilroy Realty hikes dividend by 3.8%

On September 8, 2022, Kilroy Realty Corporation (KRC) declared a $0.54 per share quarterly dividend, up 3.8% from the previous quarterly dividend of $0.52 per share. The West Coast landlord now has raised its dividend 7 consecutive years. The next quarterly KRC dividend of $0.54 per share is payable on October 12, 2022 to stockholders of record on September 30, 2022.  The new dividend rate of $2.16 per share for Kilroy Realty yields 4.3% at a stock price of $50.33. Kilroy Realty Corporation, a REIT, is one of the West Coast’s premier landlords. The company's tenants include technology, entertainment, digital media and health care companies. Kilroy owns office space and residential units located in the coastal regions of Los Angeles, Orange County, San Diego, the San Francisco Bay Area and Greater Seattle.Kilroy Realty Corporation has been paying a dividend to shareholders every year since 1997.

VICI Properties hikes dividend by 8.3%

On September 8, 2022, VICI Properties (VICI) announced a dividend hike of 8.3% to $0.39 quarterly per share. The specialized real estate investment trust (REIT) has now raised the dividend 4 consecutive years and the dividend yield jumps to 4.3%. The next VICI dividend will be payable on October 6, 2022 to stockholders of record as of the close of business on September 22, 2022. A new annualized dividend rate of $1.56 per share yields 4,3% at a stock price of $33.42. VICI Properties Inc. is primarily engaged in the business of owning, acquiring, and leasing of real estate assets across gaming, hospitality, entertainment and leisure destinations. It operates through two segments: real property business and golf course business. The company's properties include Caesars Palace Las Vegas and Harrah's Las Vegas. The company's properties are leased to leading brands such as Caesars, Horseshoe, Harrah’s and Bally’s. VICI Properties also owns four championship golf courses and 34 a

Equity Commonwealth pays special dividend

On September 8 ,2022, Equity Commonwealth (ticker symbol EQC) declared a $1.00 per share special dividend to be paid on October 18, 2022 to shareholders of record on September 29, 2022. EQC also paid special dividends in 2020, 2019 and 2018 but does not pay a regular (quarterly) dividend to shareholders. The $1.00 per share special dividend yields 3.8% at a stock price of $26.53 for EQC. The company currently expects the tax character of the 2022 special cash distribution to be largely ordinary income. The company cannot provide any assurances that its current expectations will prove to be accurate. The actual tax characterization will be based on the company’s results of operations for the full year 2022. The company currently expects to announce the tax characterization of the 2022 distribution with its normal tax reporting in January 2023. Equity Commonwealth is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties

SM Energy hikes dividend by 2900%

On September 7, 2022, SM Energy Company (SM) announced a dividend hike of 2900% to $0.15 quarterly per share. Previously SM had been paying a 1 cent per share semi-annual dividend to shareholders. The Company's fixed dividend has been increased to $0.60 per share annually, to be paid in quarterly increments of $0.15 per share. This initial fixed dividend provides an approximate 1.4% yield to current market capitalization. The increased fixed dividend is intended to be sustainable through industry cycles and considers the maintenance capital and replacement capital required for long-term, profitable sustainability. In connection with this component of the Company's capital return program, the Board of Directors has approved a dividend of $0.15 per share of common stock outstanding that will be paid on November 7, 2022 to the owners of record at the close of business on October 25, 2022.  SM Energy Company is an independent energy company engaged in the acquisition, exploration,

Phillips Edison hikes dividend by 3.7%

Verizon hikes dividend by 2%

On September 6, 2022 Verizon Communications (VZ) announced a 2.0 percent dividend hike to $0.6525 quarterly per share. This marks the 16th consecutive year of dividend increases by the provider of communications, information and entertainment products and services and matches the 2% dividend hikes in the previous years. The next quarterly VZ dividend is payable on November 1, 2022, to Verizon shareholders of record at the close of business on October 7, 2022. A new annual rate of approximately $2.61 per share yields 6.3% at a stock price of $41.30. “Our consistently disciplined approach to the market to maximize growth and profitability has again put the Verizon Board in a position to raise the dividend,” said Chairman and CEO Hans Vestberg. “We will continue to execute our network-as-a-service strategy to deliver long-term shareholder value.” Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services. The company

Meet the two real Japanese Dividend Aristocrats

In Japan there are many nice dividend stocks but hardly any real Aristocrats that increase the dividend every year. We take a look at the two one and only Dividend Aristocrats from Japan.

Brady Corporation hikes dividend by 2.2%

On August 31, 2022, Brady Corporation (BRC) announced a dividend increase of 2.2% to $0.23 quarterly per share. This follows a dividend hike of 2.3 percent to 22.5 cents per share in 2021. This marks the company's 37th consecutive year of annual dividend increases by the manufacturer and supplier of identification solutions and workplace safety products that identify and protect premises, products and people. On August 30, 2022, Brady Corporation’s Board of Directors approved an increase in the annual dividend to shareholders of the Company’s Class A Common Stock from $0.90 per share to $0.92 per share. A quarterly dividend to shareholders of the Company’s Class A Common Stock of $0.23 per share will be paid on October 28, 2022, to shareholders of record at the close of business on October 7, 2022.  A new annualized rate of 92 cents per share yields 2.0% at a stock price of $46.30 for BRC. The next ex-dividend date for Brady Corporation is October 6, 2022. Brady Corporation is a ma

Stewart Information Services hikes dividend by 20%

On September 1, 2022, Stewart Information Services (STC) announced a 20% dividend hike to $0.45 quarterly per share. This increased dividend will be paid on September 30, 2022 to shareholders of record on September 15, 2022. The dividend yield is 3.6% at a stock price of $50.12. "I am pleased to announce this action in keeping with Stewart's goal of delivering a consistent return on capital to shareholders, both through its operational performance as well as the annual dividend," said Fred Eppinger, Stewart CEO. Stewart Information Services Corporation is a global real estate services company, offering products and services through its direct operations, network of Stewart Trusted Providers™ and family of companies. STC operates through two segments: title insurance and ancillary services and corporate. The title segment provides services needed to transfer title to property in a real estate transaction and includes services, such as searching, examining, closing and insu